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This indicator set looks the affordability of tertiary education to government and to students.
1. Key indicators
Government spent $2,721 million on tertiary education in 2004/05, down 0.9 percent on the previous year.
Total government operating spending on tertiary education in the year to 30 June 1999/00–2004/05
From 2000 to 2003, an increasing number of EFTS in TEIs were funded from sources other than formal students funded through the student component. The main sources being international students and non-formal students. Both of these sources have declined in EFTS from 2004 onwards.
TEI EFTS funded from sources other than formal student component funding 2000–2005
The graph below shows the ratio of the average fee to a domestic student at a TEI to the average weekly wage over the period from 1997 to 2004. In effect, this ration calculates, for someone with average income, how many weeks of gross earnings it would take to cover the average fee charged by a TEI.
Ratio of average domestic student fee at public providers to average weekly income 1997–2004
Average student loan borrows have remained steady since 2000. Average loan balances have grown, reflecting more people borrowing over a longer period of time.
Average amount of student loans borrowed each year and average loan balance as at 30 June the following year 1997–2004
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2. What has been reported
- Baseline Monitoring Report
- Affordability of Tertiary Education
- Monitoring Report 2004
- Affordability of Tertiary Education
- Monitoring Report 2005
- Affordability of Tertiary Education
3. Related information
- Do student loans drive people overseas - what is the evidence?
- This report applies statistical modelling to the Integrated Dataset of Student Loan Scheme Borrowers. It provides interesting new information on the likelihood of a borrower being declared overseas five years post study across a variety of characteristics such as size of student loan leaving balance and level of study.
- Paying off a student loan - an analysis of progress to full repayment from the integrated dataset
- This report analyses the experience of Student Loan Scheme borrowers in repaying their student loans. This report complements a related paper, Who doesn’t pay back, that examines the characteristics of those who make no progress to repayment of their student loans.
- Who doesn’t pay back - The characteristics of borrowers who make no progress in reducing their student loans
- This paper explores the characteristics of borrowers who have not made any progress in reducing their student loan balances. The paper complements a related paper, Paying off a student loan, which explores the progress to full repayment for Student Loan Scheme borrowers.
- Income of Student Loan Scheme Borrowers
- This report provides new information on the impacts of the Student Loan Scheme by looking at the income of those who used the Scheme between 1997 and 2000. One of two analytical reports published using previously unavailable information from Statistics New Zealand’s Integrated Dataset on Student Loan Scheme Borrowers.
- Living with a student loan, a profile of student loan debt and repayment, post-study income and going overseas
- This report profiles student loan debt and repayment, post-study income and going overseas. One of two analytical reports using previously unavailable information from Statistics New Zealand’s Integated Dataset on Student Loan Scheme Borrowers.
- Student Loan Scheme Annual Reports
- These reports contain financial and demographic information on the Student Loan Scheme, including information on student loan borrowing and debt. Prepared by the Ministry of Education, Inland Revenue and StudyLink (a division of the Ministry of Social Development).
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4. Your views
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| The purpose of these pages is to provide updated and expanded data on the monitoring indicators. Please note that the data has not necessarily been subject to a full quality assurance process and may be revised from time to time. |
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